Mid-Year Tax Planning for Contractors
Your comprehensive guide to tax planning in an ever-evolving landscape
For contractors navigating the complexities of tax planning, staying ahead is more crucial than ever. The 2023 Mid-Year Contractor Tax Planning Checklist provides the insights and guidance needed to stay compliant, optimize tax positions and ensure you are making informed decisions.
- Capitalization of Research Expenses (R&E)
- Business Interest Deduction Limitation:
- IRS Interest Rates Impact on Underpayment:
- IRS Releases “Dirty Dozen” Tax Scams for 2023
- Retirement Plan Options:
- Pass‐Through Entity Tax Environment
- Accounting Methods
With the continuous influence of the Inflation Reduction Act, the Tax Cut and Jobs Act and the CARES Act, we are navigating an active tax policy environment. This ever-changing backdrop demands ongoing analysis and forward-thinking strategies. The 2023 Mid-Year Contractor Tax Planning Checklist is here to guide contractor through these waters, ensuring clarity, compliance and strategic foresight.
Adams Brown is a member of CICPAC, a network of CPA firms focused on understanding and serving the construction industry.